Poverty looms for 15m Brits: Cost of living crisis grows as more and more people cannot keep up with household bills January 23, 2022 Millions of Brits are finding it harder to keep up with bills and credit commitments, as that number has doubled since the start of the pandemic to almost one in three, research by a debt charity warned this weekend. Nearly one in three British adults – 30 per cent or 15 million people – say [...]
Business Secretary says households will have to wait until March for help with soaring energy bills January 21, 2022 Business Secretary Kwasi Kwarteng has said households must wait until March to find out what help the government can offer for rising energy bills.
Studying Boris Johnson’s £335bn idea of a bridge between Scotland and Northern Ireland cost taxpayer £900,000 January 21, 2022 A study commissioned by Prime Minister Boris Johnson into which found it would be too expensive to build a bridge or tunnel between Scotland and Northern Ireland cost taxpayers nearly £900,000. The Department for Transport (DfT) said the research into the feasibility of a fixed link cost £896,681. Network Rail chairman Sir Peter Hendy led [...]
Reeves: UK has had a ‘lost decade’ of economic growth under Conservatives January 20, 2022 The UK has had a “lost decade” of economic growth under the Conservatives and the country is heading for another decade of “anaemic growth”, Rachel Reeves has said. Labour’s shadow chancellor used a set-piece speech in Bury today to once again position Labour as an unapologetically pro-business party under Sir Keir Starmer and herself, saying [...]
Brits to shoulder worst cost of living squeeze since 1991 January 20, 2022 Brits are set to shoulder the worst cost of living squeeze since the early 1990s, ignited by swelling energy bills and food prices compounding to spike household budgets. This week’s higher than expected inflation reading bounced one the world’s top investment bank’s cost of living forecasts. Wall Street titan Goldman Sachs lifted its expectations for [...]
TfL under fire over ‘unfair’ proposed Piccadilly line premium fare to Heathrow January 20, 2022 Transport for London (TfL) is under fire over a proposed increase to Piccadilly line’s journeys to Heathrow, according to recent reports. To be put in place between Zone 1 and Zone 6, the ‘premium fare’ would see commuters pay 60 per cent more to travel, with peak prices implemented all day instead of during rush [...]
Opinion-in-brief: Gas prices will exacerbate fuel poverty if we don’t act January 20, 2022 Gas prices will perpetuate the cost of living crisis in 2022, with hundreds of thousands of new households at risk of fuel poverty. On top of that, gas boilers still account for one in seven tonnes of carbon the UK emits each year. We need to act. The sooner we adopt low-carbon home heating and [...]
Britons, your country needs you. It’s time to take out your wallet and spend January 20, 2022 What stupid purchases have you made since Covid-19 arrived on these shores? Perhaps you bought a hot tub, some garden furniture or even a new shed. Perhaps you are more frugal minded, opting instead to squirrel away cash that would have otherwise been spent in the pub into your savings account. If you are the [...]
Rishi Sunak’s proximity to Johnson shot him to stardom but it could be his undoing January 20, 2022 Theresa May had a light smile on her lips as she expressed gratitude for the aviation industry and pressed the Prime Minister on his plans to drop testing rules for international travel. The one time Prime Minister was not the only Tory MP grateful for the joy of flight: Liz Truss, the Foreign Secretary, and [...]
Blockchain in emerging economies is one of the world’s most exciting markets January 19, 2022 Crypto AM columnist Dr Jane Thomason details why the world of blockchain in emerging economies is so important.